Sometimes a little perspective is needed to really drive home the magnitude of a specific statistic. That’s the case with the gigantic losses tallied by Apple and Amazon last year.⁠ ⁠ The two stocks were the biggest losers of market cap in 2022. Apple shed $846.34 billion in value and Amazon lost $834.06 billion. Market cap measures the combined value of all of a company’s stock.⁠ ⁠ The value shed by each of the two companies dwarfs the total size of other household tech stocks. For example, what each of the two stocks shed in one year alone is more than double the size of Meta’s complete market cap.⁠ ⁠ See what else that $830 billion loss is equivalent to at the link in bio.